Company Valuation: IPH Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 1,694 1,786 1,839 1,553 1,193 904.6 - -
Change - 5.39% 2.99% -15.53% -23.18% -24.2% - -
Enterprise Value (EV) 1 1,783 1,859 2,179 1,912 1,548 1,247 1,227 1,194
Change - 4.26% 17.23% -12.25% -19.05% -19.44% -1.6% -2.64%
P/E ratio - 34x 27.5x 25.2x 17.8x 9.05x 7.87x 7.33x
PBR 3.98x 4.16x 3.19x 2.45x 1.71x 1.37x 1.38x 1.4x
PEG - - 1.5x -2x 5.41x 0.2x 0.5x 0.99x
Capitalization / Revenue 4.66x 4.64x 3.69x 2.55x 1.68x 1.24x 1.22x 1.2x
EV / Revenue 4.9x 4.83x 4.37x 3.13x 2.18x 1.71x 1.66x 1.58x
EV / EBITDA 14.3x 13.5x 12.8x 9.78x 7.47x 5.86x 5.72x 5.46x
EV / EBIT 16.4x 15.4x 18.7x 10.7x 8.21x 6.46x 6.31x 6.03x
EV / FCF 19.6x 21.2x 25.7x 15.8x 12.3x 9.86x 8.68x 7.69x
FCF Yield 5.1% 4.72% 3.9% 6.32% 8.13% 10.1% 11.5% 13%
Dividend per Share 2 0.295 0.305 0.33 0.35 0.365 0.3778 0.3912 0.4112
Rate of return 3.78% 3.74% 4.21% 5.58% 7.97% 10.7% 11.1% 11.7%
EPS 2 - 0.24 0.2843 0.249 0.2572 0.389 0.447 0.4802
Distribution rate - 127% 116% 141% 142% 97.1% 87.5% 85.6%
Net sales 1 363.5 385.1 498.1 609.9 710.3 730.3 740 753.9
EBITDA 1 124.3 137.4 170 195.5 207.2 212.8 214.7 218.7
EBIT 1 108.6 120.7 116.7 178.3 188.5 193.1 194.5 198.2
Net income 1 53.6 52.56 64.54 60.8 68.8 91.15 100.5 106.6
Net Debt 1 88.44 73.02 339.9 358.6 354.4 342.2 322.2 289.9
Reference price 2 7.800 8.160 7.830 6.270 4.580 3.520 3.520 3.520
Nbr of stocks (in thousands) 217,204 218,819 234,856 247,738 260,544 256,979 - -
Announcement Date 8/18/21 8/17/22 8/16/23 8/21/24 8/20/25 - - -
1AUD in Million2AUD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.05x1.71x5.86x10.73% 647M
34.44x6.19x22.37x1% 67.34B
35.4x4.24x13.82x1.27% 19.02B
18.39x1.99x9.86x3.79% 13.66B
25.51x1.07x10.84x1.28% 13.05B
24.16x2.75x11.81x3.08% 11.48B
32.93x3.79x15.51x1.9% 8.05B
14.2x0.62x9.01x1.55% 6.5B
17x0.37x8.45x4.28% 5.05B
Average 23.45x 2.53x 11.95x 3.21% 16.09B
Weighted average by Cap. 29.72x 4.20x 16.65x 1.72%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. IPH Stock
  4. Valuation IPH Limited